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Income Taxes

Income Taxes

iOS Universal Finance

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This is a Excellent Application on Learning Income Taxes

Accounting and finance professors will make filing this year's taxes a bit easier for you by explaining basic taxation concepts and terminology. In this course, they cover topics such as taxable income, tax brackets, average tax rates, withholdings, deductions, and credits, and explain the motivation behind federal tax deductions for mortgages, dependents, and charitable giving. They review the steps involved in filing a personal income tax return, address some of the issues that corporations and small businesses face in filing their returns, and cover the benefits of tax planning.

Topics include:
*The history of income tax
*Tax brackets, rates, deductions, and credits
*Completing a basic tax return (1040A)
*Tax planning
*Shifting income
*Understanding corporate income taxes
*Avoiding tax-evasion schemes
*Tax issues for small businesses

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